Uranus entered Taurus last week on May 15th, and will remain in Taurus for 8 years. The last time Uranus entered Taurus was in 1934 (ending 1942), 84 years ago.
Unlike all other planetary bodies, Uranus’s axis rotates almost entirely on its side. While Uranus is known for its unconventionality, Taurus is the most stabilizing and grounding of earth zodiac signs.
Uranus’s time in Taurus historically has been a time of change and innovation. Breakdowns and breakthroughs in banking systems, land ownership/occupation, and how we work with resources. We thought it would be fun to review and reflect market environments during that period to see if we can make any logical connections to today’s economic environment.Uranus entered Taurus last week on May 15th, and will remain in Taurus for 8 years. The last time Uranus entered Taurus was in 1934 (ending 1942), 84 years ago. Unlike all other planetary bodies, Uranus’s axis rotates almost entirely on its side.
While Uranus is known for its unconventionality, Taurus is the most stabilizing and grounding of earth zodiac signs. Uranus’s time in Taurus historically has been a time of change and innovation. Breakdowns and breakthroughs in banking systems, land ownership/occupation, and how we work with resources. We thought it would be fun to review and reflect market environments during that period to see if we can make any logical connections to today’s economic environment.
The 1937 recession began the recovery period from the Great Depression (started with stock market crash in 1929). The recovery that began in 1933 ended in May of 1937. Causes of the recession were attributed to the contraction of the money supply caused by the Federal Reserve, Treasury Department policies, and contractionary fiscal policies. To prevent excess credit expansion in 1936, Fed policy makers doubled reserve requirement ratios to soak up excess bank reserves.
This was complemented by the Treasury’s decision in June of 1936 to sterilize gold inflows and reduce excess reserves, and gold had been on a tear since 1934. These were complemented by changes in fiscal policies cutting government spending 17% over two years and the debut of the Social Security payroll tax. (Don’t worry. We won’t go on to theorize and connect specific actions of government bodies then compared to today in an attempt to put you all to sleep!). Most importantly, values are changing. How we view planetary resources, our global footprint, and currencies are changing. What’s not changing is government bodies’ confidence in their ability to tinker to perfection. Our overall perception of value, whether a currency, gold, cryptocurrency, commodity, a company as a source of centralized trust, or a highly priced growth company built on faith of the founder have been changing at an increasing pace.